Al-Mashat, AfDB Special Envoy discuss development cooperation for Egypt    EIB approves €5.3b for climate, business in Europe    China imposes sanctions on US arms suppliers to Taiwan    Instagram introduces Teen Accounts, with built-in protections, parental oversight    Basketball Africa League Future Pros returns for 2nd season    Al-Sisi, Blinken discuss Gaza ceasefire    Google wins EU legal battle over €1.5b fine    Gold prices dip ahead of Fed meeting    UK Inflation steady at 2.2% in August '24    Al-Sisi, King Abdullah II discuss Gaza ceasefire    Egyptian Exchange shows positive performance, Prime Minister says    Egypt's Environment Minister outlines progress on sustainability initiatives    Finance Ministry develops advanced clearing system for investors' dues, government obligations    US examines increased Chinese uranium imports    L'Oréal Egypt Hosts 9th Annual Skin and Hair Summit, Unveils New La Roche-Posay Anti-Pigmentation Serum    Al-Sisi calls for emulating Prophet Muhammad's manners at birth anniversary celebration    Culture Minister directs opening of "Islamic Pottery Museum" to the public on 15 October    Restoration project at Edfu Temple reveals original coloured inscriptions for first time    Egypt joins Africa's FEDA    Egypt's Culture Minister seeks input from Writers Union on national strategy    Egypt awards ZeroCarbon solid waste management contract in Gharbia    Egypt, UN partner on $14-m coral reef protection project    ADB approves $93.6m for Cambodia's rural utilities    Egypt condemns Ethiopia's unilateral approach to GERD filling in letter to UNSC    Egyptian pentathletes dominate world championships in Lithuania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Egyptian Olympic athletes champion local sportswear    Egypt's FM, Kenya's PM discuss strengthening bilateral ties, shared interests    Paris Olympics opening draws record viewers    Former Egyptian Intelligence Chief El-Tohamy Dies at 77    Who leads the economic portfolios in Egypt's new Cabinet?    Egypt's President assigns Madbouly to form new government    Financial literacy becomes extremely important – EGX official    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Gold recovers on renewed demand, silver slips
Amwal Al Ghad Published in Amwal Al Ghad on 11 - 02 - 2012

Mumbai: Gold prices recovered modestly after a two-day slide at the bullion market here today on the back of renewed demand from local retailers and investors amid good jewellery offtake despite bearish global sentiment.
In contrast, silver continued to drift on subdued speculative buying coupled with reduced industrial demand.
Standard gold of 99.5 per cent purity rose by Rs 125 to end at Rs 28,005 per 10 grams from Friday's closing level of Rs 27,880.

Clic here to read the story from its source.